THE DAILY BRIEFING
BANK PROFIT
Self-proclaimed ethical bank Triodos made a £33.1m profit in 2017, a rise of 28pc. The Dutch firm’s UK arm lent a record £181m to customers last year.
STRESS FEARS
Investment bankers worry that their stressful jobs are harming their health, says a survey by the Banking Standards
Board, with 25pc concerned about their wellbeing. And 27pc are too afraid of the consequences to speak out about bad behaviour at work.
ROW CASUALTY
The deputy head of French bank Societe Generale, Didier Valet, has quit after a row over how to handle a probe into claims it rigged the Libor rate.
UPDATES CALL
More than 7.5m finance contracts will need updating in the next 12 months because of
Brexit, says global law firm Axiom. Many UK firms are setting up subsidiaries on the Continent to avoid disruption.
OFFICES SURGE
Demand for London offices is up 76pc on a year earlier, according to figures. Research by property company
CBRE shows that there was 3.7m sq ft of space under offer in the capital last month.
INVESTMENT BOOST
Profits at the Anglo-South African savings firm Old Mutual rose by 22pc to £2bn last year. The result was powered by strong growth in its UK investment business, which is being renamed Quilter.
FLOAT PLAN
Online marketing firm Performatrix plans to float on the junior AIM stock market, valued at around £231.7m. It wants to raise around £163m to develop the firm.
BUILDING BONANZA
Construction firm Kier has announced a 5pc rise in profit for the six months ending December 2014 to £60m, on revenues of £2.1bn.
FILMING STRUGGLE
Fierce competition from online video streaming services such as Netflix and Amazon Prime is inflating the cost of hiring actors and writers, top Hollywood producer Jason Blum, the man behind films such as Get Out and Whiplash, has said.
NEWS STREAM
Video streaming giant Netflix could start its own TV news programme to challenge established networks, with a source telling Marketwatch it is mulling ‘a current affairs show encompassing both sides of the political divide’. Netflix declined to comment.